*Japan smelter offers $85 a tonne for 2013 vs $100 for 2012. TOKYO, Oct 4- Japan's biggest copper smelter, Pan Pacific Copper, is in talks with buyers in China to slash its term premium for 2013 shipments by 15 percent from last year, a source familiar with the matter said, as demand slows in the metal's top consumer.
HONG KONG, Oct 4- Asian credit spreads continued to grind tighter on the back of strong technicals despite investors turning slightly more cautious ahead of central bank meetings in Europe and Japan.
HONG KONG, Oct 4- Strong growth in the offshore yuan bond market is luring more global issuers to tap the nascent market, yet Beijing's tight grip over the repatriation of proceeds to mainland China remains a key concern, Royal Bank of Scotland said on Thursday.
SYDNEY-- A Chinese billionaire has made an Australian dollars 830 million takeover offer for Botswana copper miner Discovery Metals Ltd..
*FTSE 100 falls 0.2 pct, sheds early gains. LONDON, Oct 4- UK shares turned lower on Thursday, hit by concerns over bailout talks in Greece and tensions in the Middle East, ahead of central bank meetings in Britain and Europe that are unlikely to generate new stimulus moves. By 0836 GMT, the UK's FTSE 100.
*HSBC up 1.8 pct, contributes one-third of HSI gain. HONG KONG, Oct 4- Hong Kong shares rose slightly on Thursday as financials, led by index heavyweight HSBC, helped offset weakness in oil producers hurt by lower crude prices and in Macau casino stocks that fell on weak gambling revenue.
*Spain expected to ask for euro zone financial bailout. *Unrest in Iran, Turkey- Syria raise geopolitical worries. LONDON, Oct 4- Brent crude oil rose towards $109 per barrel on Thursday as expectations Spain would seek a bailout and better U.S. data encouraged investors back into riskier assets such as oil and commodities.
TOKYO, Oct 4- Government officials from China and South Korea are expected to participate in the annual meetings of the IMF and World Bank in Tokyo next week, a Japanese government official said, despite territorial rows over disputed islands.
Indonesian retailer PT Modern International Tbk is looking to raise up to $92 million from a rights offering and shareholder placement in October, IFR reported on Thursday. Modern International plans to sell 959.7 million rights shares on a three-for-10 basis at an indicative price range of 450- 550 rupiah per share.
HONG KONG, Oct 4- Hong Kong shares held on to slight gains on Thursday as financials led by index heavyweight HSBC helped offset weakness in oil producers, hurt by lower crude prices. *HSBC Holdings advanced 1.8 percent after the bank, Europe's largest lender, said its core tier 1 ratio was above the levels required by the European Banking Authority.
"We anticipate that Denmark- based Novo Nordisk A/S, already the global market leader in diabetic treatments, could jump into the top 10 global pharmaceutical companies in revenue terms over the next few years, while presently it is still a midsize company compared with its peers and specializes almost exclusively on diabetes treatments," said Standard& Poor's credit analyst Olaf Toelke.
HONG KONG, Oct 4- Gambling revenue in Macau rose a weaker-than-expected 12.3 percent in September, indicating China's slowing economy is increasingly hurting the appetite of wealthy mainland gamblers to place bets in the world's largest casino market.
*Trading subdued on China, Europe woes. *SK Innovation, S-Oil shares sag on oil price fall. *Foreign investors unload following Vanguard's switch to FTSE index.
*Hyundai global sales reach 371,743 vehicles, up 3.4 pct. *Hyundai may have benefited from anti- Japan protests in China. The figures, although below some expectations for record monthly numbers, will provide some reassurance that Hyundai has put its costliest strike ever behind it.
Macquarie Equity Research initiated coverage on retailer PT Sumber Alfaria Trijaya Tbk with' outperform' and a target price of 7,000 rupiah, saying the company is well-positioned to ride Indonesia's consumer wave.
LONDON, Oct 4- European shares rose on Thursday as better economic data from the United States eased fears over global growth, while the euro strengthened ahead of an European Central Bank policy meeting later where is expected to keep rates unchanged.
Bahana Securities said crude palm oil price may recover in the next few weeks as the current downturn is not sustainable, and it expects strong demand from India and China.
SYDNEY, Oct 4- Australian shares extended their gains by 0.3 percent on Thursday, hitting a 14- month high after banks offset losses in mining, as investors eyed further interest rate cuts in the wake of soft retail sales data. Top banks continued this week's post rate-cut gains, led by Westpac Banking Corp.
HONG KONG, Oct 4- Gambling revenue in Macau, the world's largest casino market, rose 12.3 percent in September year-on-year, government data showed on Thursday. Analysts had forecast September growth in the tiny enclave on China's southern coast, to be up 15-17 percent ahead of a national holiday week starting in October.
KUALA LUMPUR, Oct 4- A Malaysian court kept on hold the licence granted to Lynas Corp Ltd's controversial rare earth plant by delaying until Oct. 10 a decision on whether it will consider judicial reviews to permanently block production.